Common use of Collection Days Upon Repayment Clause in Contracts

Collection Days Upon Repayment. In the event Borrower repays the Obligations in full at any time hereafter, such payment in full shall be credited (conditioned upon final collection) to Borrower's loan account two (2) Business Days after FINOVA's receipt thereof.

Appears in 5 contracts

Samples: Loan and Security Agreement (Organic Food Products Inc), Loan and Security Agreement (Javelin Systems Inc), Loan and Security Agreement (Jacobs Jay Inc)

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Collection Days Upon Repayment. In the event Borrower repays the Obligations in full at any time hereafter, such payment in full shall be credited (conditioned upon final collection) to Borrower's loan account two three (23) Business Days after FINOVA's receipt thereof.

Appears in 4 contracts

Samples: Loan and Security Agreement (Fresh Choice Inc), Loan and Security Agreement (Automotive One Parts Stores Inc), Loan and Security Agreement (Medley Credit Acceptance Corp)

Collection Days Upon Repayment. In the event Borrower repays the Obligations in part or in full at any time hereafter, such payment in full shall be credited (conditioned upon final collection) to Borrower's loan account two (2) Business Days within the number of days referenced in the Schedule after FINOVATEXTRON's receipt thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Micros to Mainframes Inc), Loan and Security Agreement (I Sector Corp)

Collection Days Upon Repayment. In the event any Borrower repays the Obligations in full at any time hereafter, such payment in full shall be credited (conditioned upon final collection) to such Borrower's loan account two (2) on the Business Days after Day of FINOVA's receipt thereof, determined in accordance with Section 2.10(b).

Appears in 2 contracts

Samples: Loan and Security Agreement (Digital Solutions Inc), Loan and Security Agreement (Digital Solutions Inc)

Collection Days Upon Repayment. In the event Borrower repays the Obligations in full at any time hereafter, such payment in full shall be credited (conditioned upon final collection) to Borrower's loan account two TWO (2) Business Days after FINOVAAgent's receipt thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Usa Detergents Inc)

Collection Days Upon Repayment. In the event Borrower repays the ------------------------------ Obligations in full at any time hereafter, such payment in full shall be credited (conditioned upon final collection) to Borrower's loan account two three (23) Business Days after FINOVA's receipt thereof.

Appears in 1 contract

Samples: Finova Loan and Security Agreement (Utilx Corp)

Collection Days Upon Repayment. In the event Borrower repays the Obligations in full at any time hereafter, such payment in full shall be credited (conditioned upon final collection) to Borrower's loan account two (2) Business Days after FINOVA's receipt thereof.. ------------------------------

Appears in 1 contract

Samples: Finova Loan and Security Agreement (Play Co Toys & Entertainment Corp)

Collection Days Upon Repayment. In the event Borrower repays the ------------------------------ Obligations in full at any time hereafter, such payment in full shall be credited (conditioned upon final collection) to Borrower's loan account two (2) Business Days after FINOVA's receipt thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Cumetrix Data Systems Corp)

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Collection Days Upon Repayment. In the event Borrower repays Borrowers repay the Obligations in full at any time hereafter, such payment in full shall will be credited (conditioned upon final collection) to Borrower's Borrowers' loan account two (2) Business Days after FINOVALender's receipt thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Core Technologies Pennsylvania Inc)

Collection Days Upon Repayment. In the event Borrower repays the Obligations in full at any time hereafter, such payment in full shall be credited (conditioned upon final collection) to Borrower's loan account two five (25) Business Days after FINOVA's receipt thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Performance Printing Corp)

Collection Days Upon Repayment. In the event Borrower repays the Obligations ------------------------------ in full at any time hereafter, such payment in full shall be credited (conditioned upon final collection) to Borrower's loan account two one (21) Business Days Day after FINOVA's receipt thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Avery Communications Inc)

Collection Days Upon Repayment. In the event Borrower repays the Obligations in full at any time hereafter, such payment in full solely for the purpose of computing charges under this Agreement shall be credited (conditioned upon final collection) to Borrower's loan account two (2) Business Days after FINOVA's receipt thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Intellicall Inc)

Collection Days Upon Repayment. In the event Borrower repays the Obligations in full at any time hereafter, such payment in full shall be credited (conditioned upon final collection) to Borrower's loan account two one (21) Business Days Day after FINOVA's receipt thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (1 800 Autotow Inc)

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